Investor Conference Highlights the 2008 M&A and IPO's in the Winner's Circle for Medical Devices
May 06 2008 - 8:00AM
PR Newswire (US)
MASSAPEQUA, N.Y., May 6 /PRNewswire/ -- Conference organizer
International Business Forum will be highlighting this year's
MedTech Winner's Circle. Companies to be awarded the IPO include
TranS1 and Insulet. Kyphon is being awarded the M & A award of
the year. All are in Recognition for Outstanding Deal Execution.
Accepting the award for TranS1 is President & CEO Rick Randall.
TranS1 is a publicly held medical device company traded on NASDAQ
as TSON focused on developing innovative, minimally invasive
surgical procedures for treatment of low back pain (LBP). Accepting
the award for Insulet is Board Member, Ross Jaffe Managing Director
of Versant Ventures. Insulet Corporation is an innovative diabetes
management company traded on NASDAQ as PODD dedicated to providing
superior treatment options and lifelong health benefits for people
with diabetes. Former Vice President General Counsel David Shaw
will be accepting the award for Kyphon. Kyphon was acquired by
Medtronic in July of 2007 and is traded on NYSE as MDT. The total
value of the transaction, including payment of Kyphon debt, was
approximately $4.2 billion. Medtronic financed the transaction
primarily using cash on hand. Kyphon has been dedicated to
improving patient quality of life through revolutionizing the
practice of medicine. Kyphon's mission is to be the recognized
global leader in restoring spinal function with minimally invasive
therapies. The Winner's Circle is scheduled to take place 4:00 p.m.
on Tuesday, May 13, 2008 at The Radisson Plaza in downtown
Minneapolis. The session will highlight what made these deals
significant and how they came together. This Investor Conference is
the premier event for medical device industry luminaries,
visionaries, entrepreneurs, and investors. Over the past year,
market forces have redefined the medical device industry. This
event will unite the venture capital community to drive innovation
through investment opportunities in the medical device market. This
conference is a must-attend event for active investors in medical
technologies. To learn more about the event and to register, please
visit http://www.medtechconference.com/. About IBF International
Business Forum presents financial and business conferences on
venture capital, corporate finance, mergers & acquisitions,
corporate strategic investing, defined contribution/401(k) plans,
risk management, funding technology innovation, and
commercialization of intellectual property. IBF conferences provide
attendees with leading-edge information and new business contacts
to achieve business objectives. Visit
http://www.ibfconferences.com/ for more details and complete
information on upcoming events. DATASOURCE: International Business
Forum CONTACT: Carissa Stavrakos of IBF Conferences,
+1-516-765-9005 x310, Web site: http://www.ibforum.com/
http://www.ibfconferences.com/ http://www.medtechconference.com/
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